United Kingdom · Question · Written question
UIN 41999
Takeovers
Original
Introduced
23 April 2020
Last action
6 May 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
6 May 2020
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with Cabinet colleagues on the adequacy of existing legislation on preventing hostile takeovers.
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Timeline
23 April 2020
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with Cabinet colleagues on the adequacy of existing legislation on preventing hostile takeovers.
Source: Commons
6 May 2020
Answer
Under the Enterprise Act 2002, the Government may intervene in certain takeovers for three public interest reasons – national security, media plurality and financial stability. In December 2019, the Queen’s Speech lobby pack confirmed the Government’s int...
Source: Written answer
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- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-04-23/41999
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1192032
- uk · wq-1192032 · source updated 6 May 2020